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Energy stocks bubbled up as top ideas several times at the 18th annual Sohn Investment Conference, held Wednesday in Manhattan, where hedge-fund managers offered picks and pans to raise funds for charity.

No overriding theme connected the energy stocks highlighted. Nor were energy prices a key element. And there was little discussion of the boom in shale drilling. However, these names were clearly a popular topic.

In the refining business, oil prices have been volatile, and there's plenty of conflicting opinion about if and when the party will end for these stocks. (U.S. oil prices have returned to roughly $95 per barrel, while the international benchmark, Brent, trades for about $104 per barrel.) Goldman likes
Phillips 66PSX 1.7012987012987013%Phillips 66U.S.: NYSEUSD78.31
1.311.7012987012987013%
/Date(1425418585127-0600)/
Volume (Delayed 15m)
:
2152417
P/E Ratio
9.318235995232419Market Cap
41849344909.668
Dividend Yield
2.5581990278843696% Rev. per Employee
10418300More quote details and news »PSXinYour ValueYour ChangeShort position
(PSX) and sees the single largest upside of any of its picks in
Marathon PetroleumMPC 0.9923364118687364%Marathon Petroleum Corp.U.S.: NYSEUSD102.79
1.010.9923364118687364%
/Date(1425418582525-0600)/
Volume (Delayed 15m)
:
3077298
P/E Ratio
12.63423645320197Market Cap
27792350613.9368
Dividend Yield
1.9495077492933035% Rev. per Employee
3051460More quote details and news »MPCinYour ValueYour ChangeShort position
(MPC).